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Bitcoin finally breaks above 11,000

09 Oct, 2020

Well, it has taken a while, but finally Bitcoin has made a move above 11,000 this morning and the move higher has taken many within the cryptocurrency complex with it. The likes of Ethereum, Monero and Ripple have all charged higher in recent trade too as Bitcoin rises to as session high so far around 11,105. The move higher in Bitcoin is not seemingly based on any particular fresh news that can be detected yet here. However, it was noted here earlier this morning, that sooner or later a break either side of 10,800-11,000 would occur and that it seems is now a northbound move. The rise today takes the price closer to the next resistance level at 11,178

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